The Birth of Shanghai's First Conglomerate

There is another big event at the end of July.

That means Shuiyunjian is going to hold its own cruise ship party.

As the name suggests, it involves renting a super cruise ship, inviting a few thousand top-tier members, and going on a three-day, two-night cruise at sea.

Then his family could earn seven or eight hundred million.

This income is mainly due to the accumulation of customers in the early stages.

Shuiyunjian's two flagship stores began trial operations at the end of 2015, and later, 32 top-tier clubs with an investment of 1 billion yuan opened simultaneously in June of this year.

During this period, they also launched a massive advertising campaign and held a super-large concert.

The grand scale of the event naturally attracted the attention of countless customers.

With such a large initial investment, only now is the first real wave of large-scale cash-outs beginning.

It can be considered to be of great significance.

For this cruise convention, Shuiyunjian maintained its consistent high standards for its receptions.

There is no limit to how luxurious it can get; there is no limit to how luxurious it can be.

Each of the top clients attending the event received a Hermès scarf, a Chanel perfume, and an LV bag worth around 30,000 yuan.

These items are just customer appreciation gifts.

The grand prizes on the super cruise ship don't stop there; the top prize is a Rolls-Royce Phantom convertible.

The next level down is the Bentley Continental, and the next level down is the Hermès limited edition bag.

As for the red wine, it was all 1982 Lafite.

Even a sheet of toilet paper for women is from one of the world's best brands.

It's guaranteed to make your butt smell wonderful after wiping it.

All the investment ultimately comes from the consumer.

Besides the usual youth-preserving facial treatments, cruise ships also sell a variety of high-end anti-aging treatments using specialized equipment.

And wrinkle-reducing injections, etc.

You can get a maximum of two wrinkle-reducing injections a year, and each injection costs two million.

If a woman wants to maintain her youthful appearance and compete with women in their twenties at forty, spending money on skincare is inevitable.

Shuiyunjian has had high-end instrument projects for a long time and has obtained various relevant qualification certificates.

The price is definitely high, and the brand wouldn't produce a single fake.

With such exorbitant profits already, why would they need to sell counterfeit goods?

Many celebrities came to support the event, including Yang Mi, Dilraba Dilmurat, Liu Yifei, and Bai Lu.

They themselves are also customers of Shuiyunjian and must go there for maintenance every year.

I've used almost every kind of top-of-the-line product.

This is the only way to maintain a youthful appearance in the long term.

The cheapest option on the cruise ship is a wellness program designed to treat sub-health conditions.

The price of 780,000 is already very reasonable.

The highest has reached around five million.

They mostly sell annual passes, which are for a single service and can be used unlimited times throughout the year.

Wellness programs are usually done once a week, while those with specific therapeutic effects are done once every six months or even once a year.

The Pinnacle Cruise Party: The ultimate luxury for women.

With the support of countless celebrities, the event ultimately generated 12.8 billion yuan in sales. After deducting the costs of organizing the event and the products, there was still a profit of 8.9 million yuan.

Chen Pingsheng personally owns 60% of the shares in Shuiyuanjian in the Shanghai area.

With a quick calculation, the accumulated revenue reached 5.4 million.

A small sum of money.

"Activate random multiplication."

The golden die kept shaking, eventually settling on the number five.

"Congratulations, host, you have received a five-fold random boost."

One second, two seconds, three minutes passed.

27 billion yuan was deposited into the bank account.

His wife also received 8.9 million in profits, which will be used for dividends next month.

To be honest, he just spent 18 billion a few days ago, and now he really doesn't know what to do with this money.

The main reason is that he has already poured money into all the brands under the group.

Even the most lucrative company, Tengfei New Energy, still has nearly 20 billion yuan in project working capital lying in its account.

There will be no need for further investment in the next year and a half.

As for Deer Antler Coffee, needless to say, its profits have already increased.

It officially completed its Nasdaq listing in late July, and immediately hit five consecutive daily price limits upon listing.

Its market value has now reached 260 billion.

The same applies to Boiling Sheep and Bobo Milk Tea; they don't need any further subsidies.

The only company that hasn't gone public yet is Teng Hui Department Store. Its IPO has already been completed, so going public is just a matter of time.

Even the newly established Snack Run is developing rapidly by relying on franchising.

For a moment, he felt a sense of helplessness, as if he had money but nowhere to spend it.

Sure enough, after all that was left in my bank account was a cold, hard three billion, life became lonely and boring.

The feeling of having money but nowhere to spend it—no one in my family understands.

Big-breasted Chen An'an peeked over and even invited Yang Xiaole to her house to play.

"Dad, are you going to Hong Kong soon?"

"Yes, it'll be over on August 5th. Your dad also needs to study."

"Can you take me with you?"

Chen Pingsheng looked up and found that the big kid was actually giving him a shoulder massage. He was being so attentive for no reason, either because he wanted pocket money or because he wanted to go somewhere to play.

"Shanghai isn't enough for you, why are you going to Hong Kong?"

"I'm going to do live streaming over there. I heard it'll become popular even faster there."

After working hard for more than half a year, Chen An'an's live streaming career has made rapid progress.

Finally, the number of followers increased from one hundred to over three hundred.

Her trip to Hong Kong was aimed at reaching 500 followers.

To achieve this small goal, she must work hard, work hard, and work even harder.

"Your dad is going to stay there for ten days to two weeks. You're not allowed to call him back after you go!"

"I definitely won't shout."

Chen An'an's eyes lit up. "Dad, can we bring Yang Xiaole along too? It's hard for me to film videos by myself."

"Okay, you have the final say."

As if he had just thought of something, Chen Pingsheng suddenly spoke up again: "Yang Xiaole has such good grades, yet she still spends several hours doing her homework every day. Your grades are so bad, how come I've never seen you do your homework?"

"Dad, have you forgotten? The teacher who assigned me my homework was from Beijing. Now I'm studying in Shanghai, and the teachers in Shanghai don't recognize my homework from Beijing."

That makes so much sense that he didn't know how to refute it for a moment.

With this kid's grades, even the King of Heaven himself probably couldn't help him.

Chen Pingsheng didn't see the little kid; she must have been taken to the park by her grandmother to do senior citizen dances.

This huge villa of theirs has half the yard completely planted with vegetables; it's something else entirely.

If Chen An'an wants to go to Hong Kong, then let her go. Anyway, her family owns a luxury mansion on Mount Kellett Road worth 800 million HKD, as well as a large flat they bought for 120 million HKD.

In any top-tier city, you truly have a home no matter where you are.

His wife is still busy with the finishing touches at Shuiyunjian and hasn't returned yet.

"Chen An'an, it's strange, I didn't notice you asking your family for money this summer?"

"Heh." Chen An'an said proudly, "Dad, money is such a vulgar thing, how could I lack it? I can spend 200,000 every month however I want."

Chen Pingsheng looked at the big-breasted kid intently. Had this little guy grown up now?
When she was supposed to splurge, she surprisingly didn't.

It seems like we've lost another reason to make big money.

"Dad, I want to earn money through my own hard work. You'd better not give me any more money in the future. I need to push myself. Giving me money is just harming me."

For some unknown reason, Chen An'an actually said something like "don't give her money" – something that was completely unexpected.

Chen Pingsheng touched her forehead and said, "I suspect you've been a little off your mind lately!"

"Where."

Chen An'an said earnestly, "My friend Xiao Le said that we should be frugal with money. Every penny is earned by our parents through hard work. From now on, I can no longer spend money recklessly."

"Makes sense."

Chen Pingsheng patted her little shoulder, "It's rare that you can say something so insightful. When your mother comes back, I'll talk to her about raising your monthly allowance to 500,000."

"Really?" Chen An'an forcefully controlled the excitement that was about to show on her face.

If Dad finds out, then all that practice on those lines will have been for nothing.

"Of course it's true. It must have been hard for you to act like that."

Chen An'an chuckled foolishly, praising her father incessantly.

The change in her expression was so rapid that you couldn't believe she was only nine years old.

By the time Song Yanxi returned, it was already 7 p.m.

The food at home needs to be heated up a little before eating.

She originally wanted to go to Hong Kong, but Chen Qi was about to give birth, and as her sister-in-law, she definitely had to go and take care of her.

Chen Qi is ten months pregnant, and this has all happened in the last few days.

She had already been taken to the best hospital in Beijing to prepare for childbirth. So far, it's clear that his sister made the right choice in marrying Hu Lin, an ordinary man.

Although there are occasional conflicts in daily life, they are mostly caring and considerate towards each other.

It was impossible to expect Hu Lin to achieve great things; he remained content to be a primary school teacher.

Chen Qi wanted him to be transferred to Shanghai.

It's much better to live next to her brother. Hu Lin had no objection, only saying that it would be better after the child was born.

Now that I'm heavily pregnant, I don't want to go anywhere.

Honestly, it's really great for a girl to find such an honest and reliable man.

They may not be good with sweet talk, but they truly care about their wives.

At least Chen Pingsheng found Hu Lin increasingly satisfying the more he looked at him.

He also suggested to his wife several times that Song Wu should marry an ordinary, honest man.

Someone like Hu Lin is alright.

At least after his younger sister got pregnant, his family didn't have to worry about her at all.

Hu Lin would come back on time every day to cook three meals for Chen Qi, and he would always try his best to do these little things well.

Isn't this the best husband candidate?

Of course, the biggest benefit of marrying Chen Qi for him was that he no longer had any financial pressure.

They are completely financially independent, and the whole family earns over 100,000 yuan a month from rent.

As long as you don't raise a daughter like that big-breasted brat, there will definitely be no pressure at all.

Song Yanxi was also quite anxious, but Liu Fen simply disagreed.

She's already seen the good ones, and when she looks at ordinary people, she finds fault with them.

No matter how I look at it, I just can't stand it.

As for his sister-in-law Song Wu, though she doesn't say it outright, she actually doesn't want to date an ordinary person either.

Her social circle is very competitive; if she chooses an ordinary man, others will only look down on her.

Well… Chen Pingsheng’s opinion had no effect at home for the first time.

He couldn't be bothered to care anymore.

To be honest, sex is not a big deal in the world of the wealthy, so he is the only exception.

Especially in the entertainment industry, wife swapping is common, and the more exciting ways to play are definitely beyond the imagination of ordinary people.

This is also the main reason why Chen Pingsheng didn't want Song Wu to date any male celebrities in the industry. Baoqiang is quite good, but it's a pity he was paired with such a scumbag woman.

Song Yanxi is also quite worried about this matter; she doesn't want her younger sister to get married after she turns thirty.

It would be best to do it around the 25th or 26th.

……

August arrived in a flash.

During that time, Tong Zhelan came to see him once, and the two made an appointment to go to Hong Kong together.

Chen Pingsheng waited until his younger sister gave birth smoothly before leaving. His younger sister gave birth to a big, healthy boy, and Peng Ying even rushed to the capital to take care of her.

He stayed in Beijing for two days before leaving because he enrolled in the Hong Kong CEO training program.

When we arrived in Hong Kong, it was already August 4th, just one day before the official start of the course on the 5th.

This luxury villa in the Mid-Levels of Hong Kong is quite comfortable to live in, and you can see half of Victoria Harbour.

The view of the sea is also unobstructed.

After Chen An'an arrived here, she simply let loose and did whatever she wanted.

She set up the tripod and called out to Yang Xiaole to film a short video for her.

Her mother won't be here for a while, so she'll have to take care of her herself in the meantime.

Tencent Group does not have a headquarters building in Hong Kong, but it owns a six-story office building in IFC.

It was bought for a high price of 3.5 billion.

The main group headquarters here consists of Tengchao Commercial Management, Tenghui Department Store, and Tenghui Capital.

Intern Shen Youwei originally didn't want to come to Hong Kong, but her senior kept telling her that the salary in Hong Kong was high.

After working for a few years, she could go back home and buy a house and a car, so she was assigned to Hong Kong with her senior.

Companies that own several floors of office space in IFC are mostly international companies.

The world's most expensive office building, bar none.

Even a wealthy company like Tengying Group only bought six floors here.

However, even this sixth floor was enough to surprise her. She and her senior didn't know if it was luck or what, but they were inexplicably assigned to Tengchao Business Management.

What kind of company is this?
The two had never heard of it before they joined, not even during the company's pre-job training.

I only realized after I got assigned to this company that it was actually a commercial real estate management company.

Its property assets amount to approximately 45 billion.

These are commercial properties that the big boss has been buying since 14.

This includes more than 60 clubhouses in Shuiyunjian and 32 prime single-story storefronts in Tenghui Department Store.

And a university covering thousands of acres in Shanghai, and a university in Guangzhou worth billions.

It also owns a huge luxury mansion and three office buildings in a first-tier city.

If they hadn't entered Tengchao Commercial Management, they would never have imagined that Tengying Group had accumulated so many assets in just a few years.

If we calculate it this way, the big bosses would be more than qualified to be on the Forbes list.

It's quite obvious that outsiders have no idea that Tengchao Commercial Management's equity structure is registered overseas.

The shares are held by the major shareholder alone.

Shen Youwei only realized after arriving here that the most valuable part of Tengying Group was not its listed companies at all.

It's this Tengchao Commercial Management Company.

However, something annoying happened: the work at Tengchao Commercial Management was incredibly easy.

To be more specific, it means collecting rent exclusively from its own residents.

A typical example of transferring money from the left hand to the right.

All of its brands have to pay rent to it, because all three office buildings in Beijing, Shanghai, and Guangzhou are registered under its name.

The title of "landlord of the group" is truly well-deserved.

This is a company run by the big boss all by himself.

"Good news, the big boss is coming to Hong Kong."

"what's the situation?"

"I heard they came here to attend a CEO training program and will be staying for a long time."

"The big boss's daughter is also here; she'll be at our company this afternoon."

A group of urban white-collar workers were having a lively discussion in the coffee shop.

What was the biggest difference after being transferred to Hong Kong?
That really is the gap between the rich and the poor.

That's just how it is for Shen Youwei; in Hong Kong, apartments are sold by the square foot.

If converted to square meters, the starting price for a slightly better one is 500,000 yuan per square meter.

You heard right, it's not 50,000, it's 500,000 as the starting price.

Based on a monthly salary of 30,000 yuan, one could buy about 0.7 square meters of housing in a year if they didn't eat or drink anything.

This is just the price of a large single-level apartment. If it's a hillside mansion, that is, a villa, then...

Those start at one million per square meter.

As for the office building where they work, it is incredibly tall with eighty-eight floors.

The big boss bought six floors to use as headquarters offices, at a cost of 3.5 billion.

In Shanghai, interns are assigned an entire apartment per person.

In Hong Kong, it's a two-person suite, with an area of ​​about 20 to 30 square meters.

Such a small apartment, if you were to rent it out yourself...

Starting at 20,000 a month.

In Hong Kong, with a monthly income of 30,000, it's very difficult to save money if food and accommodation aren't included.

Renting even a tiny apartment costs at least 10,000 yuan.

Fast food like braised pork trotters rice costs at least forty.

Even a slightly better one costs over a hundred, and that's just the standard for fast food.

This shows how high the cost of living is in this area.

The main reason why Shen Youwei and her senior were able to stay there with peace of mind was because Tengying Group provided meals and accommodation.

Otherwise, 30,000 a month here is really not as good as 8,000 back home.

The big boss came over, and the female employees inside started discussing it enthusiastically.

Many people have never even met the big boss.

It makes sense when you think about it. Among the top-tier cities, only Shenzhen, which is adjacent to Guangzhou, doesn't have its own headquarters building.

The other three first-tier cities all have it.

The big boss usually stays in Shanghai and doesn't come to Hong Kong for months at a time.

It's not easy to see him.

Shen Youwei had only met the big boss once, at that speech, from a distance of several dozen meters.

He was then transferred directly to Hong Kong.

August is still the height of summer.

The air conditioning inside the IFC was very effective. Shen Youwei was wearing a pair of light blue tight jeans and a white shirt.

That little girl looked incredibly innocent and pure.

It's impossible for an average person to afford a house in Hong Kong, and she was no exception.

I came here to make more money so I can build a big house back in my hometown.

Holding a small cup of coffee, I don't even know what to do if I want to work seriously. That's how idle Tengchao Commercial Management is.

There are over a hundred employees working on this job.

Over 90% of them are accountants, whose core job is to smooth out the company's profits.

To put it more bluntly, it's about legally avoiding taxes.

This is a required course in every super-large enterprise.

This is also a required subject for the Advanced Accountant Certificate exam.

It involves a wide range of professional fields, and the various financial data would be overwhelming for a layperson.

This floor is managed by Tengchao Commercial Management.

Downstairs are Teng Hui Department Store and Teng Hui Capital, among other companies.

They're all from the same group, just different subsidiaries.

When Shen Youwei was about to go downstairs to buy something, she happened to run into a little girl at the elevator entrance.

She was wearing sunglasses and holding a live-streaming phone.

She introduced herself in an exaggerated tone, "Look, this is where my dad works in Hong Kong. I've told you my family is very rich, but you never believe me."

Suddenly someone came and gave her a small flower as a reward.

Chen An'an immediately stood at attention and said, "Thank you for the little flower, sister. I wish you eternal youth, many children, a long and happy marriage, and a long and fulfilling life. May you live to be eighty and have your life complete."

Oops... she seems to realize she said the wrong thing, that one sentence had driven away the girl who gave her the gift.

It's all because of that damned Chinese language score.

Why didn't her Chinese teacher teach her properly?

"Young lady, are you doing a live stream?"

Shen Youwei bent down curiously and asked her.

"Yeah, sister, I see you have a very prominent forehead, why don't you join my fan club?"

This girl is so talkative!

Shen Youwei took out her phone and let her operate it herself, but she still kindly reminded her, "Young lady, this is a private company, and we can't do live streaming here!"

"Private enterprise?"

Chen An'an glanced around and saw that her father was still downstairs, so she brought Yang Xiaole up to look around.

"It's all my dad's fault. He runs so many companies that even when I come to my own home, I don't know which one you are. When I grow up, will I inherit the business or will my sister take over?"

Shen Youwei: "..."

Little sister, do you want to hear what you're saying?
"We are Tengchao Commercial Management, a commercial real estate company under Tengying Group."

"Tengchao Commercial Management?"

Chen An'an quickly thought about it with her not-so-bright brain and suddenly remembered.

"Teng Chao, then I'm relieved. My dad said that you guys will be mine after I turn eighteen."

Chen An'an asked her seriously, "Sister, I don't even know what Tengchao Commercial Management is. Can you tell me if it's really that great? If it's not great, then I don't want it. I'll give it to my sister's husky. I want to inherit something bigger."

A wave of questions washed over Shen Youwei; she had never seen a girl like this before.

She immediately claimed it was hers.

"Of course it's impressive, with net assets of four or five hundred billion."

"Four or five hundred billion, how many zeros are in that?"

Chen An'an pulled Yang Xiaole along, and the two of them counted using her ten chubby little hands.

When they finally realized they still didn't have enough, they borrowed another one from Shen Youwei.

This is reliable now.

I don't know how many zeros follow.

She used to have 200,000 yuan of pocket money every month, and now it has increased to 500,000 yuan.

She still clearly remembered the last five zeros.

"Ha..." Chen An'an laughed loudly, "Not bad, you're really awesome, even ten zeros wouldn't be enough, my dad is still amazing."

Could this be the legendary Miss Teng Ying?

It doesn't seem like it!

Shen Youwei looked at Chen An'an with suspicion; she was short and a little chubby.

Its face is chubby, which makes it look extremely cute.

The way she looked begging online just now was really hard to reconcile with the image of the young lady from the Tengying Group!

(End of this chapter)